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Page 1: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)
Page 2: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Feed prices and Rations:

Backgrounding 2014

Karl Hoppe, PhD

Area Extension livestock Specialist

NDSU Carrington Research Extension Center

Page 3: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Feed prices follow Corn price

Page 4: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Feed - TDN (energy) & prices

Oct 2012 TDN, DM basis Price

• Corn 88 % $6.58/bushel

• Alfalfa Hay 58 % $140 /Ton

• Grass Hay 52 % $80 /T

• Wheat Midds 83 % $250 /T

• Barley Malt Sprouts 74 % $260 /T

• Corn Silage 72 % $70 /T

• Canola meal 70 % $300 /T

• Dried Distiller Grains 93 % $255 /T

Page 5: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Feed - TDN (energy) & prices

Oct 2013 TDN, DM basis Price

• Corn 88 % $4.20/bushel

• Alfalfa Hay 58 % $100 /Ton

• Grass Hay 52 % $80 /T

• Wheat Midds 83 % $145 /T

• Barley Malt Sprouts 74 % $160 /T

• Corn Silage 72 % $40 /T

• Canola meal 70 % $270 /T

• Dried Distiller Grains 93 % $165 /T

Page 6: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Feed - TDN (energy) & prices

Oct 2014 TDN, DM basis Price

• Corn 88 % $2.68/bushel

• Alfalfa Hay 58 % $ 80 /Ton

• Grass Hay 52 % $ 65 /T

• Wheat Midds 83 % $ 92 /T

• Barley Malt Sprouts 74 % $110 /T

• Corn Silage 72 % $ 27 /T

• Canola meal 70 % $219 /T

• Dried Distiller Grains 93 % $100 /T

Page 7: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Co products in ND – list available from

County Extension Agents

• Sources and Prices for selected Co-products produced in North Dakota•

• As of October 13, 2014

• Barley Malt Sprout pellets

• Cargill Malting

• Spiritwood, ND

• 952-742-2949

• $110/ton – Malt-sprout 15% CP, TDN 68-70%

• Barley Malt Sprouts (not pelleted)

• Canola meal

• Northern Sun ADM

• Enderlin, ND

• 1-800-553-6032

• $219.30/ton meal – 36%CP guaranteed

• DGS - Distillers Grains with solubles

• Blue Flint Ethanol

• Underwood, ND

• 701-442-7511 plant

• Modified DDGS – $50/ton, 50% DM, call plant

• DDGS $105/ton – 90% DM 25% CP, 10% fat

Page 8: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Daily Nutrient Feed Cost

700# steer calf eating 3% of body weight17.8 # DM intake

57 Mcal NEg (14.12# TDN)

13.1% CP

Energy Cost -- 14.12# * $.05/# = $.706

Protein Cost -- 2.33# * $.18/# = $.419if only pay for supplemental protein:

2.33# -1.74# =.59# --> .59# * $.18/# = $.106

Water Cost ~ $.02

Page 9: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Feed Value

(Cost per pound nutrient)As Fed Dry

Matter

Crude

Protein

TDN -

Energy

Cost

per ton

Cost

per lb

Cost

per lb

CP

Cost

per LB

TDN

Canola

Meal

As fed

(90%DM)

38.7%

(43%)

62.1%

(69%)

$219 $.109 $.282 $0.175

Wheat

Midds

As fed

(90%DM)

17.1%

(19.1%)

74.7%

(83%)

$92 $.046 $.269 $0.062

Corn

Grain

As fed

(85%DM)

8.5%

(10%)

76.5%

(90%)

$96 $.048 $.564 $0.063

DDGs As fed

(92%DM)

26.6%

(29%)

86%

(93.5%)

$100 $.05 $.188 $0.058

Page 10: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Unique feed Options for 2014-15

• High (DON) vomitoxin Wheat / barley

• Sprouted wheat barley

• Rain washed first cutting alfalfa hay

• High moisture corn

• Coproduct feeds are abundant due to poor

rail freight movement

Page 11: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Potential for Gain*tremendous individual differences*

Page 12: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Dakota Feeder Calf Show data

Project begins its 16th year on October 18, 2014 in Turtle Lake, ND

Top 5 pens of calves, average

• Gained 3.34# per day of age, Feedlot ADG 3.85#

• Feeding profit per head - $441.30

Bottom pens of calves, average

• Gained 2.93 # per day of age, Feedlot ADG 3.41#

• Feeding loss per head - $292.37

All pens of calves – 32 pens

• Gained 3.23 # per day of age, Feedlot ADG 3.62#

• Feeding loss per head - $366.80

Page 13: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Weight gain is:

Affected by the animal

• Size and age of the animal

• Previous feeding history - ‘green’, ‘fleshy’, ‘stunted’

• Sickness

• Implants

• Exposure to wind, snow, mud, bedding

Affected by the feed

• Energy density of the feed - grain vs hay

• Feed additives – monensin & lasolocid improve feed conversions

• Processing and mixing

• Waste/feed loss

Page 14: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Rations and Feed Cost

Page 15: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Rations and Gain: 700# steersIncreasing gain: better feed efficiency

Rations

TDN DM basis

Gain, lb/d Feed/Gain %TDN NEg Feed

Cost

of

Gain

Grass hay -10#

Barley Malt Sprout -10#

2.1 9.6:1 66 .40 $.419

Grass hay - 6#

Alfalfa hay - 4#

Wheat Midds -10#

2.5 8:1 68 .44 $.336

Grass hay - 8#

Wheat Midds -12#

Limestone - .15#

2.5 8:1 68 .44 $.336

Page 16: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Rations and Gain: 700# steersIncreasing gain: better feed efficiency

Rations

TDN DM basis

Gain, lb/d Feed/Gain %TDN NEg Feed

Cost

of

Gain

Grass hay - 6#

Alfalfa hay - 4#

Corn Grain – 2#

Wheat Midds – 8#

2.5 8:1 69 .44 $.332

Alfalfa hay - 8#

Corn Silage -31#

2.2 17.7:1 66 .42 $.341

Grass hay - 4#

Alfalfa hay - 4#

Wheat Midds -6#

Corn Grain - 6#

2.9 6.9:1 74 .50 $.296

Page 17: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Rations and Gain: 700# steersIncreasing gain: better feed efficiency

Rations

TDN DM basis

Gain, lb/d Feed/Gain %TDN NEg Feed

Cost

of

Gain

Alfalfa hay -13#

Corn Grain – 7#

2.6 7.7:1 71 .47 $.331

Alfalfa hay -7#

Corn Grain -11.5#

38% protein Suppl -1.5#

3.4 5.8:1 77 .55 $.361

Alfalfa hay -5.5#

Corn Grain -13#

38% protein Suppl -1.5#

3.8 5.3:1 80 .58 $.332

Page 18: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Rations and Gain: 700# steersIncreasing gain: better feed efficiency

Rations

TDN DM basis

Gain, lb/d Feed/Gain %TDN NEg Cost

of

Gain

Grass hay -15#

DDGS – 5#

1.70 11.8:1 62 .35 $.441

Grass hay -10#

Corn grain – 4#

DDGS -6#

2.7 7.4:1 72 .47 $.307

Grass hay -7#

Corn grain – 7#

DDGS -6#

3.3 6:1 78 .54 $.263

Page 19: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

A word about rate of gain goals

• Low rates of gain work well for grass cattle

markets <2# ADG

• Medium rates of gain grow cattle without adding

‘condition’ 2-3# ADG

• Higher rates of gain may put too much fat and

may reduce subsequent feedlot performance >3#

ADG However, some cattle are genetically disposed to

gain weight without loss of performance and can grow

and grade extremely well

• Know the historical performance of the cattle!

Page 20: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

“CalfWeb”http://www.chaps2000.org/calfweb/breakeven.asp

Breakeven Calculator

Page 21: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Cost of Gain/ Breakeven/ Profit

comparisons – using Calf WebCalves - 570# fed to 750#

Backgrounded -- 4 rations

1.7 ADG – 15# Grass hay, 5# DDGS

2.2 ADG – 8# Alfalfa hay, 31# Corn silage

2.5 ADG – 8# Grass hay,12# midds,limestone

3.4 ADG – 7# Grass hay, 7# corn, 6# DDGS

* Rations need trace mineral, vitamin, ionophore, coccidiostat added

Page 22: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

2014 Grass,DDGS Alfalfa, silage Gr.hay,midds hay,corn,DDGS

In-weight, lb 570 570 570 570

In-cost, $/ lb 2.80 2.80 2.80 2.80

Out weight, lb 750 750 750 750

Out price, $/ lb 2.40 2.40 2.40 2.40

ADG 1.7 2.2 2.5 3.4

Ration cost/T $75 $39 $82 $85

Feed/Gain 11.8 17.7 8 6.2

Yardage/hd day $.35 $.35 $.35 $.35

Other expenses $29 $29 $29 $29

Price protection $20 $20 $20 $20

Pounds gained 180 180 180 180

Days on feed 106 82 72 52

Feed cost/gain $.442 $.345 $.328 $.263

Feed&yard/gain $.648 $.504 $.468 $.366

Total cost gain $1.04 $.874 $.526 $.701

Breakeven $2.38 $2.34 $2.32 $2.29

Profit / head $13.93 $45.55 $54.35 $77.04

Page 23: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Comparing 2014 and 2013

Backgrounding budgets,

Profit/head

ADG 1.8 2.3 2.8 3.4

2013 $29.60 $63.35 $73.92 $86.94

2014 $13.93 $45.55 $54.35 $77.04

Difference $15.67 $17.80 $19.57 $9.90

Page 24: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)

Summary

. 2014 Feeds costs have declined substantially

. Feed cost of gain projections have decreased 10 cents compared to 2013

. Feed cost per gain continues to decrease as rate of gain increases

. Rations options continue to be many – Different average daily gain

Many local feeds / damaged feeds

Wide diversity of co-product feeds

. All feed prices follow the ‘corn price’

. Backgrounding continues to be a margin business

Page 25: Feed prices and Rations - North Dakota State University · • Spiritwood, ND • 952-742-2949 • $110/ton –Malt-sprout 15% CP, TDN 68-70% • • Barley Malt Sprouts (not pelleted)